AGIX Rebounds with 40% Gain, Maintains Bullish Market Structure

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AGI,Artificial General Intelligence,Bullish Market

AGIX, an AI-focused token, has seen a significant gain of 40% after a week-long price consolidation, reinforcing its bullish market structure. However, reduced inflows into the token, as indicated by the CMF, may hinder further upward momentum.

One of the champions focused on AGI (Artificial General Intelligence), resumed a bullish market structure in the past week, leading to a 40% gain. This rally follows a week-long price consolidation and has seen AGIX increase by 270% over the month. Though the AI token has weakened slightly in the past few days, it remains in a bullish market structure. Higher lows and higher highs since November 22 have reinforced this trend on the 4-hour chart.

However, reduced flows into the token, as indicated by the Chaikin Money Flow (CMF), might stall the uptrend. The AI narrative taking over mindshare in November could support AGIX's strong uptrend, but a decline in mindshare could negatively impact the token. Tracking BTC strength, AI mindshare, and AGIX market structure will be crucial

 

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